Maduro speaks before the new constituent assembly

Venezuelan leader Nicolas Maduro has said he wants a meeting with U.S. president Donald Trump - the man he ridicules as a crass imperial magnate and blasts for sanctions against officials in his socialist government.

"To all the presidents, I call on them to approve a meeting and through mutual dialogue, we can find a solution", said Maduro.

He also said he would challenge the sanctions in a U.S. court.

He told the newly elected constituent assembly that he wanted "a personal conversation" when the two leaders attended the UN General Assembly in NY next month.

In fact, an interesting one may be developing in Peru, which has organized a regional meeting of foreign ministers this week to discuss Venezuela.

They have invested heavily in the country's oil sector, and when the United States banned the sale and transfer of North American weapons and military technology to Venezuela in 2006, Caracas turned to Russian Federation and China instead.

In another move against officials lending material support to the violent opposition, Venezuela's Supreme Court of Justice called for the arrest of Mayor Ramon Muchacho of Chacao, the wealthiest municipality in Caracas.

Maduro convoked the constitutional assembly in what he contends is an attempt to resolve the nation's political standoff, but opposition leaders insist it is a power grab.

The Constituent Assembly on Thursday held its third plenary session with a special convocation attended by Maduro. Almost 130 people have been killed in clashes between protesters and security forces.

Met by rubber bullets, water cannon and tear gas fired by the National Guard, the protesters say the crisis demands an early presidential election that they are sure Maduro would lose.

The opposition-controlled congress rejects the legitimacy of the new body.

"President Maduro swore in this illegitimate Constituent Assembly to further entrench his dictatorship, and continues to tighten his grip on the country", US Treasury Secretary Steven Mnuchin said in a statement announcing the latest sanctions.

We would certainly urge them to try because a similar effort, in which Venezuela played an important part, helped end Colombia's half-century-long war with leftist rebels past year, a conflict that seemed much more intractable than Venezuela's.

The bogus election and the seizing of the opposition leader prompted Trump's "dictator" accusation and his threat to take "strong and swift" action against Maduro, possibly including a ban on oil sales between the two countries.

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